Carmit (Israel) Price on March 20, 2024
| CRMT Stock | ILA 1,199 34.00 2.92% |
If you're considering investing in Carmit Stock, it is important to understand the factors that can impact its price. As of today, the current price of Carmit stands at 1,199, as last reported on the 26th of November, with the highest price reaching 1,199 and the lowest price hitting 1,165 during the day. Carmit appears to be very steady, given 3 months investment horizon. Carmit secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carmit, which you can use to evaluate the volatility of the firm. Please makes use of Carmit's Mean Deviation of 1.57, risk adjusted performance of 0.1883, and Downside Deviation of 2.84 to double-check if our risk estimates are consistent with your expectations.
Carmit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Carmit |
Sharpe Ratio = 0.1235
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Estimated Market Risk
| 2.22 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Carmit is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Carmit by adding it to a well-diversified portfolio.
Carmit Valuation on March 20, 2024
It is possible to determine the worth of Carmit on a given historical date. On March 20, 2024 Carmit was worth 1057.0 at the beginning of the trading date compared to the closed value of 1056.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Carmit stock. Still, in general, we apply an absolute valuation method to find Carmit's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Carmit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Carmit's related companies.
| Open | High | Low | Close | Volume | |
| 1,097 | 1,097 | 1,097 | 1,097 | 1.00 | |
03/20/2024 | 1,057 | 1,057 | 1,056 | 1,056 | 211.00 |
| 1,056 | 1,056 | 1,056 | 1,056 | 1.00 |
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Carmit Trading Date Momentum on March 20, 2024
| On March 21 2024 Carmit was traded for 1,056 at the closing time. The highest price during the trading period was 1,056 and the lowest recorded bid was listed for 1,056 . There was no trading activity during the period 1.0. Lack of trading volume on March 21, 2024 did not affect price variability. The overall trading delta to the current price is 0.47% . |
Carmit Fundamentals Correlations and Trends
By evaluating Carmit's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Carmit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Carmit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Carmit Stock history
Carmit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Carmit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Carmit will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Carmit stock prices may prove useful in developing a viable investing in Carmit
Carmit Candy Industries Ltd. engages in the manufacture and supply of gluten free foods and confectionery products for food companies and retailers worldwide. The company was incorporated in 1973 and is based in Rishon LeZion, Israel. CARMIT CANDY is traded on Tel Aviv Stock Exchange in Israel.
Carmit Stock Technical Analysis
Carmit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Carmit Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Carmit cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Carmit November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Carmit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Carmit shares will generate the highest return on investment. By undertsting and applying Carmit stock market strength indicators, traders can identify Carmit entry and exit signals to maximize returns
Carmit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Carmit's price direction in advance. Along with the technical and fundamental analysis of Carmit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Carmit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1883 | |||
| Jensen Alpha | 0.572 | |||
| Total Risk Alpha | 0.1961 | |||
| Sortino Ratio | 0.1646 | |||
| Treynor Ratio | 5.11 |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Carmit Stock analysis
When running Carmit's price analysis, check to measure Carmit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Carmit is operating at the current time. Most of Carmit's value examination focuses on studying past and present price action to predict the probability of Carmit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carmit's price. Additionally, you may evaluate how the addition of Carmit to your portfolios can decrease your overall portfolio volatility.
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